Xensa

What is Xensa? Why Xensa? Xensa Vision

Xensa is a decentralised non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.

Xensa is a lending and borrowing market on OEC based on one of the largest DeFi protocol AAVE.

AAVE has grown to become one of the most respected and secure protocols in the space but Xensa wants to do things differently. The Xensa protocol has no governance and no VCs, instead it features a revenue earning token sharing platform fees between token holders and liquidity providers. The protocol will always be permissionless for everyone to use on the same basis.

The lending platform is an infrastructure application for the public blockchain and it has an opportunity on OEC. We saw Geist’s launch bring huge TVL to Fantom network and Fantom exploded in growth as a result. We have reason to believe that this will happen to Xensa and OEC as well.